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Tag: finance

Posted on 28/01/2024

Ong Beng Seng – A billionaire who courted Singapore’s political elite. It backfired.

Ong Beng Seng ways are taking centre stage after an investigation that has already toppled one of the most senior politicians in the city-state, which prides itself on a reputation for clean ...

Posted on 28/01/2024

National monuments of Singapore: MacDonald House

When it was completed, MacDonald House was one of the tallest buildings in Singapore and a prominent landmark on Orchard Road, which was then lined with shophouses. In addition to HSBC’s branch office ...

Posted on 28/01/2024

10 shophouses owned by persons of interest in anti-money laundering probe put up for sale by DBS

SINGAPORE - Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to ...

Posted on 28/01/2024

DBS puts up shophouses for sale to recover loans amid money laundering probe

SINGAPORE – Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to ...

Posted on 27/01/2024

HSBC unveils its first transition plan amid push to decarbonise

HSBC Holdings has released its first ever so-called transition plan, laying out a path to slashing financed emissions from its books amid a wider industry recalibration. Read more at The Business ...

Posted on 26/01/2024

Internalisation comes at a cost and Sabana REIT is fully valued, DBS says

Sabana REIT is fully valued says DBS due to cost of internalisation coupled with lenders' response to change of control ...

Posted on 26/01/2024

NTUC Income, DBS PayLah are SG’s most favored brands for insurance, payments

SINGAPORE: Data from YouGov BrandIndex shows that NTUC Income was viewed most positively by consumers... The post NTUC Income, DBS PayLah are SG’s most favored brands for insurance, payments appeared ...

Posted on 26/01/2024

DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst

Two of Singapore’s biggest banks are expected to report higher profits but softer net interest and non-interest income for Q4 2023, according to UOB Kay Hian. DBS and OCBC will release their financial ...

Posted on 26/01/2024

Singapore shares end Friday higher as regional markets trade mixed

SINGAPORE – Local shares ended in the black on the last trading ... The local banks were also among the gainers, with DBS, OCBC and UOB rising between 0.6 per cent and 1.2 per cent. With the banks due ...

Posted on 26/01/2024

Hot stock: Investors bet on Genting Singapore following strong showing from rival MBS

SHARES of Genting Singapore rose 5.6 per cent on Friday (Jan 26), as strong growth in casino revenue by its competitor Marina Bay Sands (MBS) boosted investor sentiments in the sector. Read more at ...

Posted on 26/01/2024

Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising

Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.

Posted on 26/01/2024

NTUC Income, DBS PayLah! are most favourably perceived insurance and payment brands in Singapore: New ranking

SINGAPORE – NTUC Income and DBS PayLah! have taken the lead in YouGov's annual BrandIndex – a syndicated brand tracker which continuously collects data on thousands of brands around the globe every ...

Posted on 26/01/2024

AbbVie Expands Biologics Manufacturing Capacity with a $223 Million Investment in Singapore Manufacturing Site

US$223 million expansion will add biologics capacity to AbbVie manufacturing network Singapore manufacturing site to grow to more than 500 employees following expansion Construction will commence ...

Posted on 26/01/2024

Singapore Shares Expected To Remain Rangebound On Friday

The Singapore stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had slipped ...

Posted on 26/01/2024

Investment Opportunities V exits PNB Housing; sells entire stake for Rs 2,106 cr

Singapore-based investor Investment Opportunities V Pte on Thursday sold its entire 9.88 per cent stake in PNB Housing Finance for Rs 2,106 crore through an open market transaction. According to the ...

Posted on 26/01/2024

2 teens among 4 people arrested in islandwide anti-scam enforcement operation

The operation was conducted by officers from the Commercial Affairs Department between Jan 22 and 24. Read more at straitstimes.com.

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